Calling All Investors, Developers amp ; End Users !


Property

Website:https://www.nestseekers.com/5302866
Address:
New York, NY 11428
Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.3 Acres

Financials

Price:$3,800,000
Annual Taxes:$77,723.68

Description

Calling All Investors, Developers & End-Users!!! 29,900+ Sqft. Free Standing Building With Private Gated Parking Lot On Jamaica Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, C8-1 Zoning, 46 Parking Spaces In A Private Lot, High 18’ Ceilings, Full Basement, 2 Lots, Multiple Roll-Up Doors, Elevator Bay, 3 Phase Power, Strategically Placed Curb Cuts, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Queens Village Minutes From The Cross Island Pkwy., Belmont Racetrack & UBS Arena!!! The Property Has 165’ Of Frontage On Busy Jamaica Avenue!!! This Building Is Situated On A Huge 20,900+ Sqft. Lot & Was Built In 2021!!! Neighbors Include Capital One Bank, TD Bank, Jeep-Dodge-Ram, T-Mobile, Walmart, The Home Depot, Stop & Shop, Walgreens, Retro Fitness, Popeye’s Louisiana Kitchen, King Umberto’s, Wingstop, Wendy’s, +++!!! This Property Has A Daily Traffic Count Of 23,800+ Vehicles Per Day!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 19,000+ Sqft. Building + Full LL & Parking Lot: $779,064 Ann. NNN. (Available) Pro Forma Gross Income: $779,064 Ann. Taxes: $77,723.68 Ann. Total Expenses: $0 Ann. Net Operating Income: $779,064 Ann. (Pro Forma 20.5% Cap!!!)

Amenities

  • Electricity Connected

Contact

24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of All Island Estates Realty Corp